April 18, 2022

Additional Buyer’s Stamp Duty (ABSD) in Singapore, explained (2022)

Once in a while, 99.co picks a piece of property jargon to explain it. Today we look at the notorious ABSD, which is a stamp duty (tax) on your house. Additional Buyer’s Stamp Duty (ABSD) The most notorious of the cooling measures, the Additional Buyer’s Stamp Duty (ABSD) is a stamp duty paid on your...

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New private home sales up by 20.7% in March 2022

As the Chinese New Year lull period has passed, developer sales (excluding Executive Condominiums) have increased by 20.7% last month. According to URA’s sales data, 654 new private homes were sold in March, compared to 542 units sold in February. Nevertheless, new sales excluding ECs declined by 49.5% year-on-year, according to Christine Sun, Senior Vice...

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Comment on May 2022 HDB BTO in-depth review with video tour: Jurong West (Lakeside View) by Virginia Tanggono

In reply to <a href="https://www.99.co/singapore/insider/may-2022-hdb-bto-review-jurong-west/#comment-177413">Mohammed Ameer Khan</a>. No, as a single you can only apply for public housing when you're at least 35 years old. Here are other options you might want to consider: https://www.99.co/singapore/insider/below-35-single-desperate-and-looking-to-move-out-how-ah/

Capella The Club Residences: Where freedom is the greatest luxury

What do designer Coco Chanel and billionaire Howard Hughes, footballer David Beckham and movie star Marilyn Monroe, author Oscar Wilde and comedian Peter Sellers, coach José Mourinho and artist Salvador Dalí have in common? They all spent months, years and in some cases, decades of their lives in long-term residence at five-star hotels. Typically, people...

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Comment on May 2022 HDB BTO in-depth review with video tour: Jurong West (Lakeside View) by Virginia Tanggono

In reply to <a href="https://www.99.co/singapore/insider/may-2022-hdb-bto-review-jurong-west/#comment-177406">Wong siew eng</a>. No you're not considered a first timer since you've received a grant before: https://www.hdb.gov.sg/residential/buying-a-flat/new/schemes-and-grants/cpf-housing-grants-for-hdb-flats/firsttimer-applicants You won't have to pay back the grant to HDB; instead you have to put in the $30k grant into your CPF account if you're selling your flat. Check this article for more info on this https://www.99.co/singapore/insider/cpf-accrued-interest-affect-property-sale-proceeds/

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